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(A) State with reasons why Net Tangible Assets (NTA) is a more useful measure than Shareholder Equity in assessing the value of a firm. (3

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(A) State with reasons why Net Tangible Assets (NTA) is a more useful measure than Shareholder Equity in assessing the value of a firm. (3 marks) (B) In what circumstances would NTA be especially useful as a main indicator of firm value rather than a DCF or PE valuation

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